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Feb 26, 2014
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this tax reform, lowering tax rates one of the best ideas. just because we have a president that believes in tax redistribution and class warfare doesn't mean we shouldn't say what we think is the right way to go. >> let me ask you as an investor and capitalist and entrepreneur in this country about an idea that i think your party floated that i am really concerned about. you want to tax me 10% surcharge on my income over 450,000 and apply common income taxation to capital gains. that i can ensure you is a bad idea. i speak on behalf of everybody that puts capital in harms way to create businesses. bad idea. i hope you are not going to push that forward. >> i don't want to do things like this but when we are dealing with the code we have and trying to replace it with revenue neutral code we have to do broadening. we are talking about lowering rates across the board. i think you are talking about private equity. the key is we are bringing the rates on ordinary income down to 25% and a few down to 35%. effective top tax rate on individual incom
this tax reform, lowering tax rates one of the best ideas. just because we have a president that believes in tax redistribution and class warfare doesn't mean we shouldn't say what we think is the right way to go. >> let me ask you as an investor and capitalist and entrepreneur in this country about an idea that i think your party floated that i am really concerned about. you want to tax me 10% surcharge on my income over 450,000 and apply common income taxation to capital gains. that i...
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Feb 27, 2014
02/14
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if you really wanted to get a fair tax code -- >> how do you offset the influence that unions have and left-wing organizations that soros have? >> why is it only big unions or big organizations that have a say in these things? >> no one is pooling their money together to -- >> i want to raise a question about, at some level, of the voracity of the index. at some level, there's shadow lobbying going on. and not even total lobbying numbers have come down. but you can clearly tell there's the official lobbying that we can all track, that they're tracking, but then all this stuff on the side. >> what if you hire a congressman and bring him under your wing. i thought the same thing too. it was interesting that two tobacco companies made the top of the list. >> you take this to its worst level of lobbying and how does that compare to ukraine with theically other countries, where it's pure out and out bribery. >> there's not a reason to not constantly try to be vigilant to make it a better system. >> there's no golf course at the white house, but i'll bet you, there's -- i bet he's played mor
if you really wanted to get a fair tax code -- >> how do you offset the influence that unions have and left-wing organizations that soros have? >> why is it only big unions or big organizations that have a say in these things? >> no one is pooling their money together to -- >> i want to raise a question about, at some level, of the voracity of the index. at some level, there's shadow lobbying going on. and not even total lobbying numbers have come down. but you can...
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Feb 28, 2014
02/14
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so i think you always have to think, what are the tax arrangements, what are the future taxes? what does that look like? what is the monetary arrangement? what does that look like? once i know what that apology is, i can go, jim cramer and others can go and say here's what the prices are. >> that's interesting. >> i know it's been talk around wall street that this is artificial pricing and stuff. it's inhaernt becauerent. >> as free as the market ever gets, still takes into account some -- >> you can have crappy policies and you can have good policies. that's certainly true and fair to argue. you're never going to get away from the idea that the policies are affecting the prices. >> more from fed president, st. louis fed president jim bullard still to come. >>> let's take a check on energy prices. oil prices have been climbing over the past month and nat gas has been on a tear this winter. joining us now is lord john brown, former ceo of. bp. welcome to the broadcast, "seven elements that changed the world" is the name of the book. we thank you for being here. >> pleasure. >> l
so i think you always have to think, what are the tax arrangements, what are the future taxes? what does that look like? what is the monetary arrangement? what does that look like? once i know what that apology is, i can go, jim cramer and others can go and say here's what the prices are. >> that's interesting. >> i know it's been talk around wall street that this is artificial pricing and stuff. it's inhaernt becauerent. >> as free as the market ever gets, still takes into...
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Mar 4, 2014
03/14
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and with regards to tax, we think it's an inevitable that this activity is taxed. i mean, do remember that most of our hosts are regular people so they are paying their income tax. they are paying their local taxes anyways, but as far as any kind of hotel tax, it's something we've gone on the record as saying that we do think our hosts should pay this. now, the issue is that cities built this process for hotels. so, if you go to remit your tax, you're going to be asked questions like what is your hotel name, what is your business license number, that's just not possible for most people. >> and real quick, this is part of what we call the sharing economy, you have a piece of this and you have a piece of lift which is like hoover. this all works because there is no regulation, but do you have to expect and anticipate when you invest in this stuff that will happen? >> you have ten seconds. >> yes, we definitely anticipate that it's going to happen but i think that, you know, this is a case where no regulation really helps the economy. >> it's amazing that you backed i
and with regards to tax, we think it's an inevitable that this activity is taxed. i mean, do remember that most of our hosts are regular people so they are paying their income tax. they are paying their local taxes anyways, but as far as any kind of hotel tax, it's something we've gone on the record as saying that we do think our hosts should pay this. now, the issue is that cities built this process for hotels. so, if you go to remit your tax, you're going to be asked questions like what is...
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Mar 5, 2014
03/14
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and tax is tax. >> bring it down for everybody or go up for the people that are paying less right now? i mean, in general, money that's left in the private sector, it's a better place to leave it. >> i would agree. >> with everything else. >> he's a big advocate of simpson-bowles, though. >> i was intimately involved in the creation of that initial plan. so yeah, i'm very much in favor of it. there's this physical principle called entropy which i've always liked with which says all organized systems evolve to chaos. it was last simplified about 20, 25 years ago. entropy has kicked in. >> it's not just entropy. it's also the lobbyists can get involved. and if you are a major corporation or someone who has a lot of money, you could influence how the code has changed over that time to your favor. that's the other problem with it. it's not just random entropy. it is lobbyists who have had an undue influence. >> just companies. >> no. the individuals, too. you can look at unions, anybody with money and say that they have had undue influence on that. and that, to me, is the worst part of it
and tax is tax. >> bring it down for everybody or go up for the people that are paying less right now? i mean, in general, money that's left in the private sector, it's a better place to leave it. >> i would agree. >> with everything else. >> he's a big advocate of simpson-bowles, though. >> i was intimately involved in the creation of that initial plan. so yeah, i'm very much in favor of it. there's this physical principle called entropy which i've always liked...
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Mar 6, 2014
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taxes play a big part. >> all right. you are everything rich to us here. >> everything expensive. >> you love doing this stuff. >> yes. >> and you somehow -- you're not that bitter? >> no, no. i don't hate these people. >> all right, robert, thank you very much. >>> updates, new developments out of the white house. as it continues to monitor the situation in ukraine, the president has signed an executive order that authorizes sanctions on either individuals or institutions who threaten the sovereignty of ukraine. it also covers those who misappropriate state assets. in addition, the state department says it will deny visas to individuals who have threatened ukraine's sovereignty. things have gotten messier. crimea's parliament voted to join russia on thursday. it's set a referendum within ten days on that decision an a dramatic escalation of events. the new ukrainian government in the meantime declared this referendum illegal. it's opened a criminal investigation into the prime minister of crimea, sergei askinov. >> andr
taxes play a big part. >> all right. you are everything rich to us here. >> everything expensive. >> you love doing this stuff. >> yes. >> and you somehow -- you're not that bitter? >> no, no. i don't hate these people. >> all right, robert, thank you very much. >>> updates, new developments out of the white house. as it continues to monitor the situation in ukraine, the president has signed an executive order that authorizes sanctions on...